RE:RE:NeuLion grows in hotly competitive video streaming businessI thought shareholder approval of rollbacks was only good until the next annual meeting. Last meeting in June did not vote on a rollback. In fact, the opposite....
4. To approve the proposal to amend and restate the Company’s Certificate of Incorporation to increase the number of authorized shares of common stock from 300 million to 500 million and to integrate it into a single instrument.
mbuch wrote: Does anyone know when this board approved reverse stock split is supposed to happen?
"The board of directors has approved a reverse stock split that would increase the share price (which closed at $1.05 Canadian on Thursday in advance of a possible listing on the New York Stock Exchange or the Nasdaq Stock Market. The stock was up 40 percent year to date."